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Kenya Airways loss widens to Sh16.1 billion

Kenya Airways loss widens to Sh16.1 billion

By GhanaSummary NewsroomKenya

1 billion as rising jet fuel prices, aircraft availability challenges and higher operating costs continued to weigh on the national carrier’s financial performance.

The recovery in fleet availability is expected to support the airline’s operations as it seeks to improve its financial performance amid continued pressure from high operating costs and volatile fuel prices.

Total operating costs rose by 14 per cent during the period, outpacing the airline’s ability to absorb the additional expenses through revenue growth.

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